Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Uzbekistan
Location: Kashakadarya
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Asian Development Bank (ADB)
Status: Proposed
Bank Risk Rating: A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower or Client: UzbekEnergo
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Energy
Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 450.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD): $ 900.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

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Primary Source

Original disclosure @ ADB website
Updated in EWS: 2017-08-11
Disclosure Date: 2016-09-28
Power Generation Efficiency Improvement Project
ADB-49253-003

Project Description
This project finances the construction of 2 units of 450 MW energy efficient combined cycle gas turbines at the Talimarjan Thermal Power Plant located in Kashkadarya region. This project is expected to contribute to energy saving, greenhouse gas emission reduction, and reliable power supplies in Uzbekistan. It will also build on the Talimarjan Power Project by further improving corporate governance, and promoting commercialization of the energy sector.
Investment Description
A loan of US$450 million is provided by the ADB's ordinary capital resources. A loan of US$450 million is provided by the external Uzbekistan Fund for Reconstruction and Development.
Contact Information
UzbekEnergo 6 Istiklol Street Tashkent, 100000, Uzbekistan ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main
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